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Canadian Pacific Railway Ltd is more than doubling the ceiling on its share repurchase program, to about 12.7 million common shares, from 5.3 million.

Cuba offered to free jailed Canadian executive Cy Tokmakjian in return for $55 million and company assets, his company Tokmakjian Group said on Monday, but the deal fell through because the firm did not have the money and the businessman wanted to clear his name.

TMX Group Ltd named Lou Eccleston as its new chief executive, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet